Anil Khanna blamed for Rs 72.84 lakh loss to IOA due to "unexplicable delays"

Indian Olympic Association's Finance Committee Chairman Anil Khanna has come under serious charges from Athletics Federation of India President and IOA vice president Adille Sumariwala for unexplained delays in taking decisions and clearing approvals that have cost IOA a loss of Rs 72.84 lakh.

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In a scathing letter to Khanna & copied it to or top IOA office bearers, Sumariwala has accused him of undue and inexplicable delays and demanded that he should take responsibility and pay up for losses.

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letter reads:

"As a member of IOA, I am deeply concerned that IOA has incurred a loss of an amount of Rs 72.84 lacs. This is a huge sum of money and as a member of IOA, I firmly believe that responsibility must be fixed. Approval of expenditure is strictly in preview of Finance Committee of IOA, after following due process as mentioned in Sec 18.1.7 of Constitution of IOA.

"I presume proposal was moved by Secretary General in June. Hence, I cant understand why finance committee of IOA did t clear proposal in time and what was cause of delay in ir decision causing a loss of Rs 72.84 lacs to IOA. I believe that this process of approval is being followed in IOA, before any cheques can be signed. Only after approval of finance committee a cheque can be issued. Hence, kindly let members kw where President or anyone else comes into approval process, as suggested in press report? It is only finance committee who gives final approval for payment as per constitution of IOA.

refore, Chairman Finance Committee must explain to members of IOA this loss of Rs 72.84 lacs. Responsibility must be fixed and moneys must be recovered from those who have caused this loss; who-so-ever y may be."

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Im credits: PTI / Twitter